• Fee Change for U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Average Price Index Option (HRO) Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6742
      • Notice Date
      • 09 July 2013
      • Effective Date
      • 11 July 2013
    • Effective for trade date Thursday, July 11, 2013, and pending all CFTC regulatory review periods, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will implement a revised fee schedule for the product listed below. This product is available for trading on the NYMEX trading floor and for clearing through CME ClearPort.
       
      Product
      Code
      Chapter
      U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Average Price Option
      HRO
      1095
       
       
      Revised Fee Schedule (effective July 11, 2013)
       
       
       
       
      (bold/underline indicates addition; strikethrough indicates deletion)
       
       

       
       
      Member
      Cross
      Division
       
      Non-Member
      Pit
      $4.00$2.00
      $2.00$1.00
      $5.00$2.50
      ClearPort
      $4.00$2.00
       
      $5.00$2.50

       

      OtherProcessingFees
       
      Member
      Non-Member
      CashSettlement
      $4.00$2.00
      $4.00$2.50

       

      AdditionalFeesandSurcharges
      BlockSurcharge
      $0.10 (HRO block eligible, minimum 25 contracts)
      FacilitationDesk
      Fee
       
      $0.20

       
       
       
       
       
       
      Should you have any questions or require any further information, please contact:
       
      Joseph Kim
      (312) 634-8726

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